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Between two debts #1

Hello! Welcome to Between two debts, the newest segment on WAPH. Every week I’ll ask one question. This segment will be made up of responses I receive via my contact box, social media, etc…

This week’s question:

What do you love and what do you hate the most about money?

Answer #1

I’ve been pondering your question, what do you love and hate about money. Hate is easy; I hate how obsessed we become with money, greed, how people without money can be so easily be taken advantage of, how we have so much money and consume so much stuff yet feel that we don’t have enough. I guess that I love that it is a resource than can easily be given to those in need, if we choose to do so. It enables generous people to increase their impact beyond what it is limited to with their own time alone. Its important to me to have financial strength so that I can help my family if they need it, but I’m not sure whether I can use the word ‘love’ to describe my feeling towards it, if that makes sense? Interesting question! – Tortoise Happy Twitter: @tortoise_happy

Answer #2

Hey WAPH, hopefully these ramblings can be of use to you!

I love the opportunity and safety that money can bring. With enough money you are allowed to experience more of the world. You are also able to manage life’s unexpected gut punches that happen.

I hate that money can become almost a fetish and take over peoples lives. Whether getting out of debt or pursuing FIRE, there are greater things to life than money. – Save splurge deny debt Twitter: @SaveSplurgeDD

Answer #3

So on one hand money is empowering. You can use it as a tool to create passive income, travel the world, live life on your terms. If you have enough, it can really give you freedom to do what you want to.

On the other hand, lack of money can be like a prison. You are always thinking about which bills you can pay, and which you can’t. You look at other people and see the happy lives they have. If only you had more, you could live like them. But you don’t, and you can’t, and you may never will – Zero Day Finance Twitter: @zerodayfinance

Answer #4

“I love that money is such a powerful resource. I myself have been immensely privileged to have the ability to wait months between meaningful, passionate contract work because of my low overhead, my generous parents, my raggedly rich lifestyle, and my existing savings. But I hate that everyone out there is trying to get me to spend my money on shit I don’t need. When you have money, you have power. Why do you think there’s so many advertisements aimed at trying to influence your emotions and insecurities to get you to buy that life-changing face cream, or that fancy car?

Companies that produce goods – especially non-essential goods – know that you’re the one in charge. They can’t force you to buy their products, so they have to stoop to targeting your weaknesses, cultivating impossible standards, and exploiting your emotions to make a buck. Consumerism is running rampant in our society, and it’s creating a world of waste and ‘not-good-enough’ mentality. I hate that such a wonderful, useful thing has become so misunderstood and abused in the interest of greed. Money can be a beautiful, freeing thing – or it can be the thing that makes you miserable.” Ms Raggedly Twiter: @raggedlyrich

I think we had some really great responses this week. If you weren’t able to get in an answer, feel free to add yours in the comments below. Thanks for checking out this new segment and hope you enjoyed it.